[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
The digital transformation and upgrading project of high-grade waterways in the Guangdong Hong Kong Macao Greater Bay Area has recently started, covering an 868 kilometer high-grade waterway network in the Pearl River Delta. The project revolves around seven sub tasks, including an electronic navigation map, a water smart service area, analysis of navigation evolution, operation monitoring and early warning, intelligent emergency command and dispatch, and Beidou navigation services. Editor/Cheng Liting
The Da Te Gas Electronic Special Gas Project has recently started construction in the Nangang Industrial Zone of Tianjin, and pile foundation construction has been initiated. It is expected to be completed and put into operation in 2027, with an annual output value of about 150 million yuan after reaching full capacity. The total investment of the project is 105 million yuan, covering an area of about 20000 square meters. It is planned to construct an electronic special gas production line, with supporting layouts for laboratory special gas, medical mixed gas, and solid-state hydrogen storage capacity. Editor/Cheng Liting